Two members of TheStreet.com’s staff made bullish comments towards the Potash and agriculture stocks on March 25th.

Jim Cramer, the founder and head honcho of The Street said the following about Potash on Mad Money:

“I think that (Potash) works, I think that the fertilizer bull market is alive and well… we saw an unbelievable quarter from them.. the pullback, even as miniscule as it might be vs. $122 stock, makes it a buy, buy, buy… I think the fertilizer industry is strong…

Realmoney.com writer Tim Melvin made some bullish comments about the agricultural sector this past week but he likes to target some of the food processor’s instead of the pure Potash plays.

The main play he focusses on is Archers Daniel Midland (ADM).

His reasoning for this play:

It might be better to look at indirect plays on the global rise in demand for agriculture products. Keep in mind that during the gold rush, only some miners got rich. Everyone who sold the picks, shovels and supplies to the prospectors made a fortune. In the agriculture trade, the pick and shovel picks are probably the food processors

Melvin’s comments towards Archers:

The company is one of the largest grain processors in the world today. In addition to getting a boost from rising food demand, the company is going to benefit from the continuing and growing government mandates for the use of ethanol.

Archers is currently trading at a P/E of 15.96, has a market cap of 18.26B. Analysts have a high one year target of $37.00.

On friday 1,000 lots of June10 $30 strike call options changed hands. Currently shares are trading at $28.42

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